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Jan 14, 2013
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tax for years. they rely on a windfall from the rich energy resources as well as other forms of taxation, including a sales tax. political analysts are warning the proposal to eliminate income tax could be followed by a plan to raise the sales tax. the office responded to the claim saying only he wants to keep the sales tax as low as possible. well, from texas to investment, it is a mad-toward equity mutual funds in the new year. inflows for the first week reaching $22 billion in his second highest level in history and the highest in 11 years. emerging-market equity funds saw the biggest inflow reheat to cover teeseven and a half billion. ceo of edelman financial services joins me now. when regular investors finally get interested in equity says it mean it is almost over? >> ordinarily i would agree it to my yes, it does, but not this time. you know why? it has been five years since ordinary consumers have had any confidence at all in the u.s. stock market. finally, after watching the stock market r
tax for years. they rely on a windfall from the rich energy resources as well as other forms of taxation, including a sales tax. political analysts are warning the proposal to eliminate income tax could be followed by a plan to raise the sales tax. the office responded to the claim saying only he wants to keep the sales tax as low as possible. well, from texas to investment, it is a mad-toward equity mutual funds in the new year. inflows for the first week reaching $22 billion in his second...
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Jan 16, 2013
01/13
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how to stop talking about legitimate rape and insulting women, science 101, creating tax breaks and tax shelters for millionaire campaign donors and, after that ppp poll showing how unpopular congress really is, there's how to increase our approval ratings. what root canals, traffic jams, cockroaches, and head lice are doing to us. and republicans are presumably doing wrong i guess. >>> up next, the house of representatives will be voting tonight on a big aid package for the victims of hurricane sandy. but will republicans go along with it? especially from the south. you're watching "hardball," the place for politics. southern tornado, for example, no one raised the question of spending cuts. but now in the northeast, when the aid was needed there, this issue of fiscal conservatism and trying to trim the budget in one place to help others elsewhere became so heated. so what you've got now is it was a process but they have passed more than $50 billion in aid. it covers a range of things including money for fema to rebuilding transportation and so forth. it has to go back to the senate, b
how to stop talking about legitimate rape and insulting women, science 101, creating tax breaks and tax shelters for millionaire campaign donors and, after that ppp poll showing how unpopular congress really is, there's how to increase our approval ratings. what root canals, traffic jams, cockroaches, and head lice are doing to us. and republicans are presumably doing wrong i guess. >>> up next, the house of representatives will be voting tonight on a big aid package for the victims of...
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Jan 15, 2013
01/13
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claim the airline is buying its jet fuel 70 miles away to avoid paying close to $300 million in sales taxes. the airline says the suit's claims are untrue. >>> students at the university of vermont should not bring bottled water had they return to campus because the school has banned its sale for environmental reasons. vermont is the largest public university to prohibit bottled water sales on campus. they've even converted water fountains to bottle-filling stations. >>> over to wall street this tuesday morning. the dow opens the day at 13,507 after adding 18 points yesterday. the s&p and nasdaq were both down. overseas the nikkei gained 77 points but the hang seng fell 31. >>> the nasdaq and the s&p slipped monday thanks to worries that apple has gone sour. shares of the tech titan dipped below 500 for the first time in nearly a year after reports the company has cut orders for iphone parts due to weak demand. >>> meanwhile, pc maker dell surged 13% on fresh takeover talk. after the bell, fed chief ben bernanke praised washington's recent fiscal cliff deal which he said probably would have
claim the airline is buying its jet fuel 70 miles away to avoid paying close to $300 million in sales taxes. the airline says the suit's claims are untrue. >>> students at the university of vermont should not bring bottled water had they return to campus because the school has banned its sale for environmental reasons. vermont is the largest public university to prohibit bottled water sales on campus. they've even converted water fountains to bottle-filling stations. >>> over...
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Jan 14, 2013
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, already i'm scheduled to make tax payments and if i'm making tax payments to the federal government for increased taxes on my business i'm not able to buy new equipment, not able to put more men to work and my men's future is less certain, the money i invest in equipment which gives them their job security, the productivity and the wages they enjoy. >> mike: capital expenses go down because you don't have the capital to expand the business? >>nator, capital expenditure goes down, and the equipment that american manufacturers rely on to compete in a low wage global environment go away. >> mike: all right. travis, what happens to your business in this coming year? >> we had two huge rollouts and the left-handed model for chord buddy, 20% of people are left-handed and the classical model it's not going to happen. we will not get the breaks that are need today write off that money tax-wise, it's not there anymore. >> mike: new product means you've got to manufacture more, means somebody's got to build it, somebody's got to ship it, somebody's got to sell it, so it's several jobs down th
, already i'm scheduled to make tax payments and if i'm making tax payments to the federal government for increased taxes on my business i'm not able to buy new equipment, not able to put more men to work and my men's future is less certain, the money i invest in equipment which gives them their job security, the productivity and the wages they enjoy. >> mike: capital expenses go down because you don't have the capital to expand the business? >>nator, capital expenditure goes down,...
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Jan 16, 2013
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tax or no tax, middle east, those guys good at what they do. how you doing? >> caller: a big booyah from florida. >> what's going on, sunshine? >> caller: a called a month ago for cisco. y you told me to buy. now it's 21. you think i should buy? >> i think it's good. a very hard stock. i see the orders coming from the telco ies, so my charitable trust pulled the trigger, bought cisco. i think it will go to 24. >>> sally in california. >> caller: a big booyah to you from california. can you tell me about anteras pharmaceutical. ants. >> the injectables, very competitive. not a believe every or buyer of that particular industry, not that crazy on the stock. >>> let's go to drew in california. >> caller: dr. cramer, l.a. king stanley cup champ ba ba booyah to you. >> what's up? >> caller: thank you for getting be mac me back in the game in 2012. chesapeake, chk. >> a hard one to own frankly. i'll tell you why. my trust owns southwestern energy, which i think the ceo will tell you, a darn good company. natural gas prices won't go up i feel. and i worry about the
tax or no tax, middle east, those guys good at what they do. how you doing? >> caller: a big booyah from florida. >> what's going on, sunshine? >> caller: a called a month ago for cisco. y you told me to buy. now it's 21. you think i should buy? >> i think it's good. a very hard stock. i see the orders coming from the telco ies, so my charitable trust pulled the trigger, bought cisco. i think it will go to 24. >>> sally in california. >> caller: a big...
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Jan 14, 2013
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taxes have to be paid through some monies. >> let's say prudent tax policy is based on an idea that taxing consumption as opposed to means of pronunciation like income is a better way to go. that is why they are looking at that in louisiana. transportation is a quality of life issue. it is a business recruitment issue, it's been insold for 20 years in virginia. i'm trying to create a conservative, principled way to do that. i would use public private partnership and put money into transportation. we still have a problem in our major metro areas, i think this is creative way, kill one tax and move it to tax that grows with economic development and that will raise more money for roads. >> neil: 17 cents a gallon you lose on the state tax on gasoline, you'll have to make up initially with a fairly substantial hike in sales taxes, aren't you? >> it goes from 5% to 5.8%. essentially a revenue neutral conversion in year one but it grows because the sales tax grows faster than the gas tax because of inflation. >> neil: so you don't buy the argument that a tax on consumption of any sort limits tha
taxes have to be paid through some monies. >> let's say prudent tax policy is based on an idea that taxing consumption as opposed to means of pronunciation like income is a better way to go. that is why they are looking at that in louisiana. transportation is a quality of life issue. it is a business recruitment issue, it's been insold for 20 years in virginia. i'm trying to create a conservative, principled way to do that. i would use public private partnership and put money into...
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Jan 18, 2013
01/13
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so when it comes to taxes, we're here to help you. that's why we have cpas, enrolled agents, and tax attorneys to answer your questions-- helping you get deductions for uniforms, union dues, and even the miles you drive for a job interview. you deserve to keep more of your hard-earned money. and we're here to help make that happen. turbotax-- the power to keep what's yours. try it free at turbotax.com. [ nyquil bottle ] just reading your label. wait...you relieve nasal congestion? sure don't you? [ nyquil bottle ] dude! [ female announcer ] tylenol® cold multi-symptom nighttime relieves nasal congestion. nyquil® cold and flu doesn't. home of the all-new grilled onion cheddar burger, topped with melty white cheddar and caramelized onions. plus all your tasty favorites for just a dollar each. every day. ♪ when someone in my family gets the flu. fact: advil not only relieves body aches and pains that can come with the flu, it also reduces fever fast. relief doesn't get any better than this. advil. >> jimmy: in ancient times, our next
so when it comes to taxes, we're here to help you. that's why we have cpas, enrolled agents, and tax attorneys to answer your questions-- helping you get deductions for uniforms, union dues, and even the miles you drive for a job interview. you deserve to keep more of your hard-earned money. and we're here to help make that happen. turbotax-- the power to keep what's yours. try it free at turbotax.com. [ nyquil bottle ] just reading your label. wait...you relieve nasal congestion? sure don't...
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Jan 16, 2013
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. >> diane franklin wants a one-percent sales tax on games mature, adults only. >>> now a story about shakedown and extortions. >> you really should have some around the clock security. isn't that what the police are for? >> they do their best but they have their hands full. >> your weekly dues to us will give you all of the supplemental safety net you need. >> this has nothing to do with the sopranos. he bought this piece of land in florida before it was designated as a wetland. he offered the government 111 of the 15 acres in exchange to develop the rest. the government tried forcing him to pay to enhance 50 acres of unrelated land. he passed away but his son is now leading the fight. the government says nothing has been taken. a supreme court decision expected in june. >>> a hunter falls through the ice on the colorado river with his body half submerged in the frigid water he clung to an ice shell for nearly 30 minutes all the time while trying to wave his dog away from the danger. firefighters pulled him out of the water he will be treated for help thermia. the man and the dog are
. >> diane franklin wants a one-percent sales tax on games mature, adults only. >>> now a story about shakedown and extortions. >> you really should have some around the clock security. isn't that what the police are for? >> they do their best but they have their hands full. >> your weekly dues to us will give you all of the supplemental safety net you need. >> this has nothing to do with the sopranos. he bought this piece of land in florida before it was...
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part subsidies we give out something with the oil industry as an example how we deal with revenues and taxes that are actually a lot more fundamental than these projects even though they can and often are a problem but in this bill what you see is you see a republican party which is more and more out of the northeast using a bill that will not really affect their constituents because they're not the receiving end of this emergency to kind of extract political wins so in this case it's there's some legitimate issues being raised but it's really cautious in terms of how it's being applied and whether it's being applied and if you look into some of the republican members who are blocking this money now they've certainly been. active here markers themselves they've certainly got out and gotten this type of funding for their districts themselves even in an emergency situation . fewer than even a non-emergency situations so you know i would kind of be wary about people having a sort of holier than thou moment about this funding particularly now given the severity of the situation and raising the q
part subsidies we give out something with the oil industry as an example how we deal with revenues and taxes that are actually a lot more fundamental than these projects even though they can and often are a problem but in this bill what you see is you see a republican party which is more and more out of the northeast using a bill that will not really affect their constituents because they're not the receiving end of this emergency to kind of extract political wins so in this case it's there's...
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Jan 17, 2013
01/13
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end of the payroll tax cut holiday. something dragging down on retailers, and higher payroll taxes disproportionately hit low and middle income consumers. customers make 40,000 a year or less. end of the payroll tax holiday, means a household will have to pay $800 to $1,000 in taxes that they won't be able to spend at the general. these families will have to tighten their belts. since they are more likely to shop at family dollar or dollar general than saks, that's bad news. the debt ceiling fiasco, and the negotiation of the budget sequester, we could see actual cuts to entitlement programs in the next few months, at least there will be tons of chatter in the media about it. i don't think either the republicans or the democrats have the guts to cut entitlements. what does this have to do with the dollar stores? you cut program that help people who shop at dollar stores, you hurt these stocks. the low-ends retail environment is getting more competitive. they have to become more promotional, code for more discounts. in o
end of the payroll tax cut holiday. something dragging down on retailers, and higher payroll taxes disproportionately hit low and middle income consumers. customers make 40,000 a year or less. end of the payroll tax holiday, means a household will have to pay $800 to $1,000 in taxes that they won't be able to spend at the general. these families will have to tighten their belts. since they are more likely to shop at family dollar or dollar general than saks, that's bad news. the debt ceiling...
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Jan 17, 2013
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as i sat the other night, if only the corporations said corporate tax law, it would be pretty low. if only the gun guys set gun laws, there aren't going to be any gun laws. the people who don't own guns or own guns casually will have to do something. >> that's exactly right. traes what the president has taken away from the lessons of newtown. listening to the heartbeat of the people on this right now. you can see it in the polls. you hear it in the language, and right now the gop's message is out of sync with that heartbeat and i think there are ways and opportunities for them to get back in sync to lay out that concern about the second amendment and why the protection is important, but put it out there in the context of those kids who were killed because that's what people see most of all. >> let's talk about the president's strength now. bob, this monday and this tuesday he will have taken the oath a second time. the american people have doubled down on this president, a majority of the american people have voted for this guy. two majority votes. he will have that in his pocket s
as i sat the other night, if only the corporations said corporate tax law, it would be pretty low. if only the gun guys set gun laws, there aren't going to be any gun laws. the people who don't own guns or own guns casually will have to do something. >> that's exactly right. traes what the president has taken away from the lessons of newtown. listening to the heartbeat of the people on this right now. you can see it in the polls. you hear it in the language, and right now the gop's...
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Jan 13, 2013
01/13
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their taxes are not so high or their taxes go do help them opposed to paying for mindless bureaucracy. >> norway is number one. peter, will you renounce your citizenship or america still the best country to live? >> why would i renounce being an american? i have great hope and faith in our country. my feeling is we are the most innovative society and welcomes everyone including my grandfather, a cigar maker if lower manhattan in 1902. this is the greatest place to be in the world. we will get through it. we may need new leadership to do it but we will get there. >> i will read this from gerri willis saying the primary reason for the slip in the ranking decline in the number of united states citizen would believe hard work will get them ahead. you say what, peter? >>peter: she is right. when a president manages to get himself elected by having half of the population pay no taxes and saying i will give you new benefits, by taxing more of the 1 percent because we have a lot of envy and we are jealous, that will encourage people not to work and it will encourage people to have a bad state
their taxes are not so high or their taxes go do help them opposed to paying for mindless bureaucracy. >> norway is number one. peter, will you renounce your citizenship or america still the best country to live? >> why would i renounce being an american? i have great hope and faith in our country. my feeling is we are the most innovative society and welcomes everyone including my grandfather, a cigar maker if lower manhattan in 1902. this is the greatest place to be in the world....
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Jan 16, 2013
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how to stop talking about legitimate rape and insulting women, science 101, creating tax breaks and tax shelters for millionaire campaign donors and, after that ppp poll showing how unpopular congress really is, there's how to increase our approval ratings. what root canals, traffic jams, cockroaches, and head lice are doing to us. and republicans are presumably doing wrong i guess. >>> up next, the house of representatives will be voting tonight on a big aid package for the victims of hurricane sandy. but will republicans go along with it? especially from the south. you're watching "hardball," the place for politics. ♪ this is amazing, how did you find us? i thought we might be related, so i had a fiber analysis done and sure enough, we're family. but you're not even shredded. you're...crunchy?! that happens sometimes. and you help keep people full with whole grain fiber? just like you guys. [ female announcer ] they're different, but the same. new frosted mini-wheats crunch. a tasty square packed with a crunch... [ crunch! ] ...of whole grain fiber that helps keep you full. it's a b
how to stop talking about legitimate rape and insulting women, science 101, creating tax breaks and tax shelters for millionaire campaign donors and, after that ppp poll showing how unpopular congress really is, there's how to increase our approval ratings. what root canals, traffic jams, cockroaches, and head lice are doing to us. and republicans are presumably doing wrong i guess. >>> up next, the house of representatives will be voting tonight on a big aid package for the victims of...
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Jan 14, 2013
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taxes. that is a radical move. he wants to shift instead to a sales tax, higher sales tax, shifting from income taxes to consumption taxes. he thinks that will give the state growth, bring in employers, create jobs, make the economy of louisiana expand, and basically progress. >> he's saying if you make louisiana a great place to come, companies will come. >> yes. >> peter: and people will have work? >> yes. >> peter: but the trade-off is, higher sales tax. so the question today is, that a regresssive tax? >> yes. >> peter: as you economists say? >> yes. >> peter: what does that mean? >> everybody pays it. no relation to how much you earn. it's how much you spend. you pay tax according to what you spend. a sales tax, it tax consumption. so in that sense, yes. it is regresssive. but on the other hand, if the absence of income taxes creates a growing economy, everybody wins from that. >> peter: some states don't have income tax. >> there are seven. i'll read them, alaska, florida, nevada, sout
taxes. that is a radical move. he wants to shift instead to a sales tax, higher sales tax, shifting from income taxes to consumption taxes. he thinks that will give the state growth, bring in employers, create jobs, make the economy of louisiana expand, and basically progress. >> he's saying if you make louisiana a great place to come, companies will come. >> yes. >> peter: and people will have work? >> yes. >> peter: but the trade-off is, higher sales tax. so the...
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Jan 16, 2013
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they don't want any taxes. the tax word is very powerful. for the republicans they're doing what their neighbors and constituents want. >> reporter: it doesn't sound like you think at least on the state level and maybe on the federal level that this ideological split, the republicans, democrats, at a party and so forth it doesn't sound like you have a lot of hope that that could be bridged. >> i'm a very hopeful person and i'm optimistic about california that we found a way around the log jam. but i have to tell you the ideology of the republicans is different than the democrats. they don't mind the inequality. or they believe by giving more money to the most well off that it will trickle down and everyone will get better off. yes, america is facing not a problem but a crisis of governing. if we can't overcome it, then we had deteriorate and no longer be a world leader. >> reporter: it's that serious? and just one question. you reported you had prostate cancer. >> yes. reporter: how are you doing? i'm doing well. ask me in 20 years. >> repor
they don't want any taxes. the tax word is very powerful. for the republicans they're doing what their neighbors and constituents want. >> reporter: it doesn't sound like you think at least on the state level and maybe on the federal level that this ideological split, the republicans, democrats, at a party and so forth it doesn't sound like you have a lot of hope that that could be bridged. >> i'm a very hopeful person and i'm optimistic about california that we found a way around...
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i'm a fan of ending progressive taxation our income tax our capital gains tax policies or progressive taxes i personally would prefer a capitation tax everybody over eighteen years of age not in prison not in an infirmary would pay a set fee every citizen in the jurisdiction would pay the same so again mitt romney spent one percent of his income in taxes you are saying i don't care how in the beginning you lumped in north carolina virginia with that the virginia plan is actually. elimination of the gas tax which would save eighteen cents really eight hundred cents on every gallon does that not help the poor so the people as i you know be as i said maybe this is the gasoline companies the oil companies are going to go right on their external nobody's covering the their up and for the cost of that you know what the poor people have a polaroid not the answer here not so horrible or can our behavior a lot if after their own interests only the burger. no their interest and this was the rhythm of the contest organisers it is about our society for gas oh that's what i just heard no that is n
i'm a fan of ending progressive taxation our income tax our capital gains tax policies or progressive taxes i personally would prefer a capitation tax everybody over eighteen years of age not in prison not in an infirmary would pay a set fee every citizen in the jurisdiction would pay the same so again mitt romney spent one percent of his income in taxes you are saying i don't care how in the beginning you lumped in north carolina virginia with that the virginia plan is actually. elimination of...
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Jan 16, 2013
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we did raise a tax on all citizens called the sales tax, a quarter of a cent. and we raised the tax on individuals who make more than $250,000 or couples who make more than $500,000. so that's what we did. there's no doubt america is overcommitted. wee orcommitted abroad with our several hundred drid military installations. we're overcommitted in our borrowing 40 cents for every dollar. >> reporter: answer me a question about the ideology and the gridlock between republican and democrats? it seems to be parallel to what's going on in the united states' congress at the same time. >> well, in california through the initiative process, the republicans refused to give me even a two-vote in each of the houses to put my tax. not into effect but before the people or judgment had a statewide election. they wouldn't do it. so i had to go to the people directly through the california initiative. they voted by 55%, saying, yes, raise these taxes and help our schools and help our universities. so that was the way to break the log jam. >> reporter: are you saying that's the
we did raise a tax on all citizens called the sales tax, a quarter of a cent. and we raised the tax on individuals who make more than $250,000 or couples who make more than $500,000. so that's what we did. there's no doubt america is overcommitted. wee orcommitted abroad with our several hundred drid military installations. we're overcommitted in our borrowing 40 cents for every dollar. >> reporter: answer me a question about the ideology and the gridlock between republican and democrats?...
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Jan 17, 2013
01/13
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tax. what's happening here? what nebraska governor hopes signals politicians are seeing the light, and then, drones are seen just about everything you do. they are in the air. they are under the sea. they are drowning out your privacy everywhere. ♪ what's next? he's going to apply testosterone to his underarm. axiron, the only underarm treatment r low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. serious side effects could include increased risk of prostate cancer; worse
tax. what's happening here? what nebraska governor hopes signals politicians are seeing the light, and then, drones are seen just about everything you do. they are in the air. they are under the sea. they are drowning out your privacy everywhere. ♪ what's next? he's going to apply testosterone to his underarm. axiron, the only underarm treatment r low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to...
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Jan 17, 2013
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tax. what's happening here? what nebraska governor hopes signals politicians are seeing the light, and then, drones are seen just about everything you do. they are in the air. they are under the sea. they are drowning out your privacy everywhere. ♪ [ male announcer ] now many humana medicare plans come with a little extra help in the kitchen. in a first of its kind partnership with walmart, humana medicare plans now include 5% savings on great for you healthier foods at walmart! it's part of the vitality healthyfood program... and one more way humana medicare can help you choose what's good for your health and your wallet. so you can spend a little less money... and spend a little more time sharing what you know with the people who matter most. humana. ♪ neil: cornhusker playing tax buster. the republican governor is not showing taxes love. double down on cuts and a lot of cuts. he joins republicans looking to roll back a variety of taxes. dave right now, governor, exbrain you are doin
tax. what's happening here? what nebraska governor hopes signals politicians are seeing the light, and then, drones are seen just about everything you do. they are in the air. they are under the sea. they are drowning out your privacy everywhere. ♪ [ male announcer ] now many humana medicare plans come with a little extra help in the kitchen. in a first of its kind partnership with walmart, humana medicare plans now include 5% savings on great for you healthier foods at walmart! it's part of...
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Jan 14, 2013
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if i'm paying taxes to the program government for increased taxes on my business, i'm not able to buy new equipment. i'm not able to put more men to work. and my men's future is less certain because it's the money that i invest in equipment which gives them their job security, the productivity and the wages they enjoy. >> mike: so capital expenses go down. [ applause ] bill. >> mike: because you don't have the capital to expand the business. >> equipment that american manufacturers rely on to compete in a low wage global environment go away. mike mipg travis, what happens in your business in this coming year? >> we had two huge rollouts the left model for chord buddy 20% of people are left handed the classical model for chord buddy will not happen. we will not get the breaks that we needed to write off that money, you know, tax wise. >> let it's not there anymore new product somebody has got it to build if it and ship it and sell it it's several jobs down the line that went happen because you don't have the money to make that work. >> right. >> all right. and, john, you talked about t
if i'm paying taxes to the program government for increased taxes on my business, i'm not able to buy new equipment. i'm not able to put more men to work. and my men's future is less certain because it's the money that i invest in equipment which gives them their job security, the productivity and the wages they enjoy. >> mike: so capital expenses go down. [ applause ] bill. >> mike: because you don't have the capital to expand the business. >> equipment that american...
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Jan 14, 2013
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various tax proposals are taking shape that could cut taxes in a big way. matt mccall, penn financial group. steve moore, "wall street journal.". good morning. love having you on. we can talk about what the government is doing with he have too. talk about what the markets are doing with matt. stephen moore, tell me, bobby jindal in louisiana, what his idea is, that is helping to drive this headline today? >> well, bill, he wants to make louisiana one of those, join the ranks of those nine states across the united states that don't have an income tax. those are states like texas and florida and tennessee and new hampshire and washington, navy. they're doing develop economically much better. art laffer who you have on the show a lot and we do a study, called rich states, poor states we find significant growth in those that don't have income taxes. texas isp booming. florida is doing well, tennessee. louisiana wants to join the states to get more job and higher income jobs. bill: bobby jindal wants to get in on the action? >> yeah. bill: what is the effect whe
various tax proposals are taking shape that could cut taxes in a big way. matt mccall, penn financial group. steve moore, "wall street journal.". good morning. love having you on. we can talk about what the government is doing with he have too. talk about what the markets are doing with matt. stephen moore, tell me, bobby jindal in louisiana, what his idea is, that is helping to drive this headline today? >> well, bill, he wants to make louisiana one of those, join the ranks of...
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Jan 19, 2013
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>> he enacted the largest tax increase at the state level in history. i resigned as the chief republican whip in protest. john: he also funded stem cell research. i talk to the guy pushing this and i said you could pay for this yourself why is it a government job? >> democrats wanted to stick a thumb into the eye of georgia bush just like the emission standards to say we are californians. john: then i read this organization has to be revamped, a conflict of interest, all of this money is invested? >> now with about the initiative another large tax increase in history now by $50 billion. but they are lying. revenue projections will not come true. the balanced budget looks good in jittery but then the revenues come of you say it is a shortfall. it could be a billion or $30 billion. we will see that happen again. john: chuck devore you moved to texas? >> the states are so similar. population, the second and third states with land mass mass, more similar than different, both last with natural resources and a coastline with ports. similar on the surface why
>> he enacted the largest tax increase at the state level in history. i resigned as the chief republican whip in protest. john: he also funded stem cell research. i talk to the guy pushing this and i said you could pay for this yourself why is it a government job? >> democrats wanted to stick a thumb into the eye of georgia bush just like the emission standards to say we are californians. john: then i read this organization has to be revamped, a conflict of interest, all of this...
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Jan 15, 2013
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how to stop talking about legitimate rape and insulting women, science 101, creating task breaks and tax shelters for million air campaign donors and after that ppp poll showing how unpopular congress really is, there's how to increase our approval ratings. what root canals, traffic jams, cockroaches, and head lice are doing to us. and republicans are presumably doing wrong i guess. up next, the house of representatives will be voting tonight on a big aide package for the victims of hurricane sandy. but will republicans go along with it? especially from the south. you're watching "hardball," the place for politics. [ man ] ring ring... progresso this reduced sodium soup says it may help lower cholesterol, how does it work? you just have to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. >>> i'm sue herera with your cnbc market wrap. the dounl gained 27 points. the s&p gained a point and the nasdaq slipped about 6 points
how to stop talking about legitimate rape and insulting women, science 101, creating task breaks and tax shelters for million air campaign donors and after that ppp poll showing how unpopular congress really is, there's how to increase our approval ratings. what root canals, traffic jams, cockroaches, and head lice are doing to us. and republicans are presumably doing wrong i guess. up next, the house of representatives will be voting tonight on a big aide package for the victims of hurricane...
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Jan 15, 2013
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and they don't deserve or need our federal tax dollars. that's why on the first day of this congress i introduced the title 10 abortion provider prohibition act. it's h.r. 61. planned parenthood's 2011-2012 annual report showed they received a record $542 million in taxpayer funding while simultaneously performing a record number of abortions. actually, one every 94 seconds. so in 94 seconds, they performed that abortion, they take in over $1,600 in federal taxpayer money and their funding has increased by 11% in the last two years. even though former employees of planned parenthood say the organization promotes sex selection, abortions, engages in could he hearsive behavior and fails to maintain financial records in accordance with the law. i encourage my colleagues to support h.r. 61 so we can get a hold on this big abortion businesss, hold them accountable, clean up the title 10 grant program and end taxpayer funneling -- funding of abortion. i yield back. the speaker pro tempore: for what purpose does the gentleman from georgia seek re
and they don't deserve or need our federal tax dollars. that's why on the first day of this congress i introduced the title 10 abortion provider prohibition act. it's h.r. 61. planned parenthood's 2011-2012 annual report showed they received a record $542 million in taxpayer funding while simultaneously performing a record number of abortions. actually, one every 94 seconds. so in 94 seconds, they performed that abortion, they take in over $1,600 in federal taxpayer money and their funding has...
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Jan 17, 2013
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now to taxes and what we're calling many state by state tax revolt. five states are looking to eliminate state income taxes for people and corporations, they are louisiana, kansas, north carolina, oklahoma, and nebraska. if you wouldn't know it, the governor of nebraska, david henman is here and he's going to explain. thanks for joining us this morning. all of a sudden, did these states have the same epiphany or the same realization that there's only way to get the local economies going and that would be to change their taxes? >> well, i would tell you, charles, we have all looked at the economy that we're competing in, which is worldwide, and we know we need to be more tax competitive. i want to create more jobs in this state, our state, for citizens and higher paying jobs and the way to do that is to have lower income tax rates and corporate rates and in our particular case, i'm proposing the complete elimination of the income tax and the corporate tax rate. we do that by repealing some of the sales tax exemptions that we've granted over the years,
now to taxes and what we're calling many state by state tax revolt. five states are looking to eliminate state income taxes for people and corporations, they are louisiana, kansas, north carolina, oklahoma, and nebraska. if you wouldn't know it, the governor of nebraska, david henman is here and he's going to explain. thanks for joining us this morning. all of a sudden, did these states have the same epiphany or the same realization that there's only way to get the local economies going and...
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Jan 21, 2013
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because in our budget that we will pass, we will lift tax reform, which many of my republican colleagues liked, but it will include revenues. it's a great opportunity to get us more revenues to help in part deal with sequestration and deal with the issue of -- >> but senator schumer, the reality is the president is willing to throw the long ball on this big sunday of football, when it comes to gun control. and yet because of his view of republican recalcitrants, he doesn't step up and show real leadership and be proactive on a big spending cut proposal and medicare put proposal because he doesn't want to go there. why throw the long ball when it comes to gun control but not take a leadership role when it comes to spending cuts? >> well, he is. in the negotiations up to the fiscal cliff, the president put things on the table. $400 billion in medicare cuts. he was talking about change cpi, which -- >> you're talking about more revenue. that's not big enough on medicare cuts according to simpson-bowles and others. >> we have already done $1.7 trillion in cuts. we've done $600 billion in rev
because in our budget that we will pass, we will lift tax reform, which many of my republican colleagues liked, but it will include revenues. it's a great opportunity to get us more revenues to help in part deal with sequestration and deal with the issue of -- >> but senator schumer, the reality is the president is willing to throw the long ball on this big sunday of football, when it comes to gun control. and yet because of his view of republican recalcitrants, he doesn't step up and...
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these are american tax dollars being spent its best to spend those tax dollars helping americans in need. here's an example. we can spend $531 million on some become six and 52 million on kenya, 625 million on nigeria or perhaps as much as 2 billion in new castle county and other damaged areas in delaware. we did spend 180 million on indonesia, 142 million in the philippines, 107 million in vietnam, 85 million in the republic of georgia or shift those sums to atlantic city and other places in new jersey. i hope to get the drift. we have people hurt in the united states of america but we also have a future that we have to look at cost. each time we spend money, we do not have, i would submit to the members of the committee that furthers the rest of the insolvency in bankruptcy and if that were to happen, it would debilitate the country so i request your consideration to the amendments i have before you. >> thank you mr. chairman for your work tonight and at the time in reviewing these amendments. i offer today an amendment 73 to the rogers substitute regarding watershed protection funding
these are american tax dollars being spent its best to spend those tax dollars helping americans in need. here's an example. we can spend $531 million on some become six and 52 million on kenya, 625 million on nigeria or perhaps as much as 2 billion in new castle county and other damaged areas in delaware. we did spend 180 million on indonesia, 142 million in the philippines, 107 million in vietnam, 85 million in the republic of georgia or shift those sums to atlantic city and other places in...
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Jan 15, 2013
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these three states pay 16% of the taxes of our great country. but they can't produce if their subways are broken, if their schools are flooded, if the hospitals have been evacuated and the money's not there to help them rebuild. they can't produce, they can't be part of the great economic engine of this country. so i just plead with my colleagues not to have a double standard. not to vote tornado relief to alabama, to louisiana, to mississippi, missouri, to -- with ike, gustav, katrina, rita, but when it comes to the northeast, with the second worst storm in the history of our country, to delay, delay, delay. we need the aid, we need it now. we need the entire package. you can't rebuild a subway station with one brick. you have to do the whole thing. thank you. the speaker pro tempore: the gentlelady's time has expired. the gentleman from oklahoma is recognized. mr. cole: thank you, mr. speaker. i yield myself 30 seconds. again, i associate myself very much with the substance of the gentlelady from new york's remarks. there's no question there's
these three states pay 16% of the taxes of our great country. but they can't produce if their subways are broken, if their schools are flooded, if the hospitals have been evacuated and the money's not there to help them rebuild. they can't produce, they can't be part of the great economic engine of this country. so i just plead with my colleagues not to have a double standard. not to vote tornado relief to alabama, to louisiana, to mississippi, missouri, to -- with ike, gustav, katrina, rita,...
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Jan 13, 2013
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congress has provided tax breaks, tax cuts, tax loopholes, and tax perks estimated to reduce revenues by more than $1 trillion. [no audio] >> the policy in this budget says the the department of defense will tamp down increases so that there is no real growth in the five-year window. the savings compared to their five-year plan for the last year's budget. we think it that is an important step that requires tough choices, meaning the you cannot afford the second engine that you do not need for the joint strike fighter. there are tough decisions that have to be made. leadership in the military was difficult. there are things that are made now that will now be made in the future. that is what it takes to get our defense budget under control. in the question of closing loopholes, the president's budget has a number of specifics. we also have provisions that would take away the tax benefits to come to companies that export jobs. we think it is important to have our policy and tax code designed do reflect what we need to do in our economy. for the future, we need to develop new and renewabl
congress has provided tax breaks, tax cuts, tax loopholes, and tax perks estimated to reduce revenues by more than $1 trillion. [no audio] >> the policy in this budget says the the department of defense will tamp down increases so that there is no real growth in the five-year window. the savings compared to their five-year plan for the last year's budget. we think it that is an important step that requires tough choices, meaning the you cannot afford the second engine that you do not need...
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increase when you consider the fiscal cliff deal raised taxes and every worker with a payroll tax hiring expiring and raised taxes on upper income americans even further, check your pay stub. a leading republican says responding to the president what's critical is getting spending under control. >> it's a compelling message saying we ned to pay the bills we've racked up. of it messes the whole point again. think of it in terms of a credit card. in you have a son or daughter who exceeds the limit, the first thing you do is rip up the card, the second thing you do is you say you need to change your spending habits. >> reporter: they say we need to a just what bills we are paying and how they are paying. jon: the issue of depending on disaster relief could provide tkraeupl drama there on capitol hill. >> reporter: speaker john boehner promised that the house would take up sandy relief bills today. some republicans are saying we should pay the disaster relief money but we should also pay for them, so wrong man make mulvaney from south carolina has offered an an amendment offering an aeu skro
increase when you consider the fiscal cliff deal raised taxes and every worker with a payroll tax hiring expiring and raised taxes on upper income americans even further, check your pay stub. a leading republican says responding to the president what's critical is getting spending under control. >> it's a compelling message saying we ned to pay the bills we've racked up. of it messes the whole point again. think of it in terms of a credit card. in you have a son or daughter who exceeds...
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we ought to put a tax on that. bullets ought to be prohibitively expensive. >> a well regulated militia to keep the security of the people, to keep and bear arms. does that speak to the right of securing the nation through a well regulated defense establishment, or does it greenlight some guy in new york to out his garage like an armory? >> the supreme court defers on this. they have basically upheld the second amendment. it does give the protections to gun owners, and it makes it somewhat of a moot issue. this is mostly for show right now. it is a diversion -- i'm all for gun-control -- but it will not happen. it is a diversion from what we need to do, which is dealing with issues like debt, the climate, which polish and do not want to deal with. it is a side show. >> i do not think it is a side show when you have massacres like we have had in the last year. not just newtown. justice scalia's opinion actually said that the government is free to regulate the kinds of weapons that people carry. it says that. >> if y
we ought to put a tax on that. bullets ought to be prohibitively expensive. >> a well regulated militia to keep the security of the people, to keep and bear arms. does that speak to the right of securing the nation through a well regulated defense establishment, or does it greenlight some guy in new york to out his garage like an armory? >> the supreme court defers on this. they have basically upheld the second amendment. it does give the protections to gun owners, and it makes it...